Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital theory. Topics discussed also include theories of wage and employment determination, turnover, search, unemployment, equalizing differences, and union behavior. Particular emphasis on the interaction of theoretical and empirical modeling. The aim of this course is to acquaint students with traditional topics in labor economics and to encourage the development of independent research interests. This course is taught in two parts: Fall term and then in the subsequent Fall term.
This animation was created in response to a White House request. It shows the distribution of the 20 million new jobs created since Clinton was in office. Horace Mitchell and Greg Shirah attended the press event where Clinton showed this visualization.
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